Chinese to build dry bulk terminal in Egypt
The Chinese company Xiamen C&D Inc has signed a memorandum of understanding with Alexandria Port Authority to develop what could be the first of four terminals at El Max port in Egypt.
The country’s transport ministry statement says the project includes a specialised industrial dry-bulk terminal, which will be accessed via two main berths. It will also encompass expandable storage yards, silos and cargo-handling facilities.
There will also be an HGV logistics centre and upgraded connections to Egypt’s national railway network.
Of note that, when fully operational, the terminal will have the capability of handling three large bulk carriers simultaneously. This will help it cut supply-chain costs and upgrade movement of raw materials and finished products serving the cement, steel and heavy-industry sectors.
There will also be an internationally recognised environmental-management system.